Used Car Business and 4 Unit Apt Bldg.

Chicago, IL (Cook County)

Seller Financing Available
4 Unit Apartment Building

Asking Price:$699,500

Gross Revenue:N/A

Price/Sq. Ft.:N/A

NOI:N/A

Building Sq. Ft.:N/A

FF&E:N/A

Year Built:N/A

Used Car Business and 4 Unit Apt Bldg.

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Property Description

The sale includes an Used Car Sales business and a four unit apartment building. 4422 S. Sawyer is the apartment building. 4411-19 S. Archer is the used car lot. There are three (3) PIN numbers on this property; 19024130090000, 19024130290000 and 19024130300000. 2014 Real Estate taxes are $9760.84. Two story brick building has two (2) one (1) bedroom apartments and two (2) two (2) bedroom apartments. The used car lot is 9,761 SF holds up to 60 cars, has a 760+/- SF office and a two (2) car garage. Paved and lighted parking lot. The total rental income on this property is $80,700 a year and net annual income is $47,656. There is a current appraisal on this property. The property is updated and has a new roof done in 2015 and tuck pointing. The apartments are in good condition. Great investment opportunity.

Detailed Information

Type:
Other Business Real Estate
Building Status:
Established
Facilities:
The sale includes an Used Car Sales business and a four unit apartment building. . 2014 Real Estate taxes are $9760.84. Two story brick building has three (3) one (1) bedroom apartments and two (2) two (2) bedroom apartments. The used car lot is 9,761 SF holds up to 60 cars, has a 760+/- SF office and a two (2) car garage. Paved and lighted parking lot. The total rental income on this property is $80,700 a year and net annual income is $47,656. There is a current appraisal on this property. The property is updated and has a new roof done in 2015 and tuck pointing. The apartments are in good condition. Great investment opportunity.
Current Property Expenses:
The business gross sales a year are $470,000 with a cash flow of $70,000 a year. Rents and business are $117,656 +/- net profit
Location Description:
4422 S. Sawyer is the apartment building. 4411-19 S. Archer is the used car lot. There are three (3) PIN numbers on this property; 19024130090000, 19024130290000 and 19024130300000
Current and Prior Use:
Archer Auto Sales, established for 22 years.

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Nick DiBrizzi

Property Listed By:
Nick DiBrizzi

COLDWELL BANKER COMMERCIAL NRT

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